Entries by Progress In Lending

Home Seller Profit Hits 12-Year High

ATTOM Data Solutions released its Year-End 2018 U.S. Home Sales Report, which shows that home sellers in 2018 realized an average home price gain since purchase of $61,000, up from $50,000 last year and up from $39,500 two years ago in 2016 to the highest level since 2006 — a 12-year high. That $61,000 average home […]

Vendorly Collaborates With Shared Assessments

Vendorly, a vendor oversight platform for financial institutions, has collaborated with Shared Assessments, a source in third-party risk management, to license the Standardized Information Gathering (SIG) Questionnaire. The SIG Questionnaire is available for Vendorly customers to access the industry-standard list of questions, based on the risk profile of their vendor engagement. Featured Sponsors:   Built […]

DataBank Acquires PNC’s Pittsburgh Data Center

DataBank, a provider of enterprise-class data center, connectivity and managed services, has acquired PNC Bank’s data center located in North Fayette Township near Pittsburgh, PA. This marks DataBank’s second data center in the Pittsburgh market and includes a long-term lease with PNC Bank, which will become the facility’s anchor tenant. PNC Bank, the sixth largest commercial bank […]

Castle & Cooke Mortgage Expands North Salt Lake Branch

Castle & Cooke Mortgage, LLC, an independent mortgage lender with locations across the United States, announced that Jessie Van Wagoner (NMLS# 1576482), loan officer, joined its North Salt Lake branch (NMLS# 1437513). Previously, he worked on Castle & Cooke Mortgage’s corporate production team and focused on borrower retention. Featured Sponsors:   Van Wagoner will continue to work […]

Churchill Mortgage Promotes Liliana Nigrelli To Chief Compliance Officer

Churchill Mortgage, a lender that provides conventional, FHA, VA and USDA residential mortgages across 46 states, announced the promotion of Liliana Nigrelli to Chief Compliance Officer. Featured Sponsors:   In her role as Chief Compliance Officer, Nigrelli will be responsible for managing Churchill’s compliance team as it ensures the lender meets all state and federal regulations, […]

Richey May Acquires Amata Solutions

Richey May, an accounting and advisory firm serving the financial services and real estate industries, has fully acquired Amata Solutions, a provider of customized planning and business intelligence tools for mortgage lenders. The acquisition comes three months after Richey May made an investment in the firm. Terms of the acquisition were not disclosed.  Amata Solutions is […]

Originators Weigh In On Industry Risks And Challenges

Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”), a provider of real estate, mortgage and technology services, released its 2018 report, “The State of the Originations Industry.” The report showcases results from the annual Origination Solutions Survey, a survey of over 200 decision makers in the mortgage origination business.   Featured Sponsors:   Mortgage origination professionals (29 […]

MBA Board Of Directors Rallies To Support Opens Doors Foundation In 2018

The MBA Opens Doors Foundation (Opens Doors) has received more than $1.13 million in donations in 2018 from members and member companies of the Mortgage Bankers Association’s (MBA) Board of Directors, including a year-end $53,200 gift from MBA Chairman Christopher M. George, Founder, President and CEO of CMG Financial. That single gift represents the equivalent […]

Indecomm Demystifies Mortgage Income Calculations

Indecomm Global Services announced new features scheduled for release in its IncomeGenius income calculation automation software. The new features, scheduled for release in Q1 of 2019, aim to demystify the income calculation process for loan originators, loan processors, and underwriters, addressing changes to 2018 tax forms due to 2018 Tax Reform, and expanding software functionality […]